Breakfast briefing; Raging inflation a clear and present risk to retail demand - Interest.co.nz

Financial markets buoyant but retail markets fear sharp consumer pullback; German inflation leaps; Shanghai eases; ALP wins majority; UST 10yr 2.74%; gold stable and oil up; NZ$1 = 65.6 USc; TWI-5 = 72.1

Here's our summary of key economic events overnight that affect New Zealand with news retailers worldwide are now on eggshells waiting to see how hard consumers pull back in the face of the supply-ch… [+4354 chars]

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